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Evolution Petroleum (AMEX:EPM), Addentax Group (NASDAQ:ATXG) – US stocks gain on economic data; Do – gasolinega | Omd Cialis

US stocks traded higher this morning after the release of multiple economic reports.

After Thursday’s market open, the Dow was up 0.44% to 31,271.32, while the NASDAQ was up 0.17% to 11,739.78. The S&P 500 was also up 0.15% to 3,951.88.

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Leading and lagging sectors

Financial stocks rose 1.3% on Thursday. Meanwhile, top winners in the industry are among them Evolution Petroleum Corporation EPMup to 19% and NACCO Industries, Inc. NC increased by 18%.

In Thursday trading, energy stocks fell 1.7%.

top heading

Initial jobless claims in the US fell 5,000 to 213,000 for the week ended September 10, compared to analyst estimates of 226,000. This was the lowest number of jobless claims since the last week of May.

Stock trading UP

  • AMTD Digital Inc. HKD Shares soared 55% to $293.53 after climbing 312% on Wednesday.
  • shares of NeuroBo Pharmaceuticals, Inc. NRBO got a boost, rising 39% to $23.42 after the company announced that Dong-A had secured its global exclusive development rights to DA-1241 for type 2 diabetes and non-alcoholic fatty hepatitis and DA-1726 for obesity and non-alcoholic fatty hepatitis has licensed NeuroBo.
  • Addentax Group Corp. ATXG Shares were also higher, gaining 35% to $6.37.

Stocks are trading down

  • IronNet, Inc. IRNT Shares fell 47% to $1.1557 after the company reported worse-than-expected Q2 EPS and sales results. The company also withdrew its FY23 guidance amid management changes, restructuring and underperformance in the current quarter.
  • shares of Shuttle Pharmaceuticals Holdings, Inc. SCHPH fell 29% to $26.56. Shuttle Pharmaceuticals received new patents for HDAC inhibitors used in cancer treatment.
  • Omeros Corporation OMER fell 21% to $4.24 after the company reported treatment results with narsoplimab in critically ill COVID-19 patients in the I-SPY-COVID study.

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raw materials

On commodities news, oil traded 2.6% to $86.18, while gold fell 0.6% to $1,698.20.

Silver was down 0.1% on Thursday at $19.555, while copper was down 0.2% at $3.5115.

euro zone

European stocks were mostly lower today. The euro zone’s STOXX 600 fell 0.3%, London’s FTSE 100 rose 0.1%, while Spain’s IBEX 35 index rose 0.1%. Germany’s DAX fell 0.1%, France’s CAC 40 fell 0.6% and Italy’s FTSE MIB index fell 0.1%.

The euro zone posted a trade deficit of €34 billion in July, registering its ninth consecutive gap. Imports increased by 44% to EUR 269.5 billion, while exports increased by 13.3% to EUR 235.5 billion. Hourly labor costs in the euro zone rose 4.2% yoy in the second quarter after revised growth of 4.0% in the previous period.

Annual inflation in France fell to 5.9% in August from 6.1% in the previous month, while wholesale prices in Germany rose 18.9% yoy in August.


  • Initial jobless claims in the US fell 5,000 to 213,000 for the week ended September 10, compared to analyst estimates of 226,000. This was the lowest number of jobless claims since the last week of May.
  • The Philadelphia Fed Manufacturing Index fell to -9.9 in September from 6.2 in the previous month.
  • US retail sales rose 0.3% in August from July, down from a revised 0.4% decline in the previous month, beating market expectations for a flat read.
  • US import prices fell 1.0% mom in August. US export prices fell 1.6% mom in August
  • US industrial production fell 0.2% mom in August.
  • US corporate inventories rose 0.6% in July.
  • The Energy Information Administration’s weekly report on natural gas inventories in underground storage is scheduled for release at 10:30 am ET.
  • The Treasury will auction 4- and 8-week bills at 11:30 am ET.

Watch this: US stocks rise amid low volatility

COVID-19 update

The US has the highest number of coronavirus cases and deaths in the world, reporting a total of 97,340,010 cases with around 1,077,470 deaths. India confirmed a total of at least 44,516,470 cases and 528,250 deaths, while France reported over 34,798,130 COVID-19 cases with 154,610 deaths. In total, there have been at least 615,621,900 cases of COVID-19 worldwide, with more than 6,523,540 deaths.

Updated: September 17, 2022 — 1:32 am

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